Describe the sources of income and purchasing power for households.
-Personal income can be broken down into five sources or categories. What are these categories and what percentage of personal income comes from each of these sources?
Compare and contrast relevant statistics on income and wealth for the United States.
-What is a Gini coefficient? What would it mean if the Gini coefficient were equal to zero? What if it were equal to one?
Compare and contrast relevant statistics on income and wealth for the United States.
-One percent of households own what share of total stock market value?
Compare and contrast relevant statistics on income and wealth for the United States.
-What has caused the increases in income and wealth inequality over the last three decades?
Compare and contrast relevant statistics on income and wealth for the United States.
-Which countries in the world have a more equal distribution of income than the United States? Which countries have a more unequal distribution of income?